A reverse takeover of Falkland Gold and Minerals, BPC joined the AIM market in Setember 2008. Has 5 exploration licences
offshore the Bahamas Alan Burns is CEO founded Hardman Resources has heavy institutional backing.

On 18 May'09 there was news of StatoilHydro has reached agreement with BPC to become the
operator of three offshore exploration licences

Chief Operating Officer Paul Crevello said :
"Some of the structures are very large. There is potential for multiple 500 million cubic meter (of reserves) fields,"
"BPC was also interested in "farming out" to partners its remaining five licences offshore Bahamas."

Now at 3.75p, Broker Fox-davies has a 13p price target on the company.
updates
12 Sep 09 - A number of well-known institutional investors had bought more than 272 million shares
in the company after RAB Special Situations and Edgewater Estates had cut their stakes. Alan Burns,
chairman, said the move significantly broadened

Interesting links
http://www.upstreamonline.com/live/article180910.ece
http://www.fox-davies.com/media/49118/bpcflashnote18thmay2009.pdf
http://www.sharesmagazine.com/emag/21-05-2009 See Page 7 (click refresh button for full screen)
http://www.growthcompany.co.uk/news/1064557/bpc-seeks-new-areas.thtml
http://www.growthcompany.co.uk/recommendations/1067072/bpc.thtml
plus markets TRADES

Intraday

3 month Candlestick with 50 & 200 days Moving Average

4 month candkestick with Indicators ad support /resistance

6 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 5 days

Number of people who have visited this thread    

mitzy what drilling?

They haven't even got a rig yet.....probably several years away....not the time to get in....

Correct they have not got one yet but mark my words when they do this will be worth 10p.

Sorry to be the bearer of bad news guys, but I have bought some BPC today, been looking for a month or so, and got in.
2517

2517GEORG

RE - Sorry to be the bearer of bad news guys,

Do you mean is going to move lower to 3.50p again ?

I hope not, but it seems that very often after I buy shares in a co they fall back, hopefully that will not be the case this time. Potential for BPC appears to be huge.
2517

Hey George your in good company here.

Cheers mitzy, are you known for your modesty? Ha! Ha!
2517

lol George.

Oh dear. quite a discounted placing but to the company 3.5p will seem fair.

On the upside, it means progress is being made. I hope!

Excellent news.

LOL !

Only a advfn poster could post that, placing at 3.5p when the price has been over
4p for a while is not excellent news.

Faint heart never won fair maid.

Well post in a realistic manner then !

Big dilution at a big discount is not excellent, it's fair news at best.

got advfn on the brain....

never heard of them..!

CHAR and MATD and a few others are rising rapidly but this I have my doubts....when is drilling ever going to start : not for years !.

High volume with large trades and MMs are marking prices higher very fast now
positive Indicators with MACD ready for a cross over soon

about time..